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The Political Economy Of Global Remittances


The Political Economy Of Global Remittances
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The Political Economy Of Global Remittances


The Political Economy Of Global Remittances
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Author : Rahel Kunz
language : en
Publisher: Taylor & Francis
Release Date : 2011-06-09

The Political Economy Of Global Remittances written by Rahel Kunz and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-06-09 with Political Science categories.


Over the last decade, a new phenomenon has emerged within the international community: the Global Remittances Trend (GRT). Thereby, government institutions, international (financial) organisations, NGOs and private sector actors have become interested in migration and remittances and their potential for poverty reduction and development, and have started to devise institutions and policies to harness this potential. This book employs a gender-sensitive governmentality analysis to trace the emergence of the GRT, to map its conceptual and institutional elements, and to examine its broader implications. Through an analysis of the GRT at the international level, combined with an in-depth case study on Mexico, this book demonstrates that the GRT is instrumental in spreading and deepening specific forms of gendered neoliberal governmentality. This innovative book will be of interest to students and scholars of political science, international relations, sociology, development studies, economics, gender studies and Latin American studies.



Move Work Save Send The Political Economy Of Migration Remittances


Move Work Save Send The Political Economy Of Migration Remittances
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Author : Jesse Acevedo
language : en
Publisher:
Release Date : 2016

Move Work Save Send The Political Economy Of Migration Remittances written by Jesse Acevedo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.


This three-paper dissertation is about the relationship between remittances and political institutions in developing countries and how institutions shape emigration flows. I build on the political economy, democratization, and international migration literatures to theorize the political consequences from remittances. Drawing on underutilized surveys and extant cross-national databases, I show that remittance inflows alter citizen preferences on redistribution as well as government spending patterns on health and educational outcomes. In addition, I find that institutional quality in migrant-sending countries shapes emigration lows in times of economic crisis. My findings add to established theories of government redistribution, which are largely based on wealthier, industrialized countries, and the nascent field on the political economy of remittances. The first paper analyzes how remittance recipients view the role of the state and how citizen attitudes change due to fluctuations in remittance income. I use survey data from the most remittance-dependent countries in Latin America to see how preferences for redistribution changed during the course of the Global Financial Crisis of 2008-2009. With the United States as the main source of remittances, the recession had ripple effects in Latin America. I find remittance receivers are more likely to favor redistribution policies following the economic crisis than before 2009. The second paper analyzes the political effects of remittances at the country level. I use country-level data to show that the relationship between remittances and government spending is conditional on regime type. Autocratic regimes show greater changes in spending on educational and public health from rising remittances. On the other hand, democracies show mild relationships between remittances and spending. I find that institutions will influence the ways government spending responds to rising remittances. The final paper argues that political institutions shape emigration flows conditional on economic performance. Using data from the American Community Surveys to measure Latin American migration into the United States, I find that countries with higher quality institutions will experience a brain drain when economic growth is low. I use the example of Venezuela in 2002-2003 when the country saw its intelligentsia emigrate. While economic performance is a strong factor explaining emigration flows, political institutions have the capacity to mitigate or exacerbate them. Together, these three essays show that remittances and migration flows have profound implications for domestic policy, state expenditures, and the consequences of institutional quality and economic crisis.



Migrant Remittances In South Asia


Migrant Remittances In South Asia
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Author : M. Rahman
language : en
Publisher: Springer
Release Date : 2014-11-25

Migrant Remittances In South Asia written by M. Rahman and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-11-25 with Political Science categories.


This volume provides theoretical treatments of remittance on how its development potential is translated into reality. The authors meticulously delve into diverse mechanisms through which migrant communities remit, investigating how recipients engage in the development process in South Asia.



Migrant Remittances And Development In The Global Economy


Migrant Remittances And Development In The Global Economy
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Author : Manuel Orozco
language : en
Publisher:
Release Date : 2013

Migrant Remittances And Development In The Global Economy written by Manuel Orozco and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Developing countries categories.


Manuel Orozco moves beyond the numbers to provide a uniquely comprehensive, historically informed overview and analysis of the complex role of migrant remittances in the global economy. How do patterns of migration and remittances differ across regions? What kinds of regulatory and institutional frameworks best support the contributions of remittances to local development? What has been the impact of remittances on migrants and their families? Drawing on empirical data from five continents and firmly grounded in theory, Orozco's work reflects the evolution of our understanding about the importance of migrant remittances and the policies that govern them. -- Publisher description.



Sri Lanka S Remittance Economy


Sri Lanka S Remittance Economy
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Author : Matt Withers
language : en
Publisher: Routledge
Release Date : 2019-05-16

Sri Lanka S Remittance Economy written by Matt Withers and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-16 with Social Science categories.


Employing a multiscalar approach to migration outcomes, spanning individual households, local communities, the macroeconomy and global patterns of capital accumulation, this book demonstrates how cumulatively causal processes at structural, institutional and agency levels have forged a precariously remittance-dependent economy in Sri Lanka. This book combines historical-structural analysis with qualitative research to contend that remittance inflows have reinforced patterns of uneven development in Sri Lanka. At the heart of this argument is a bold critique of remittance capital that inverts the migration–development nexus which has come to dominate international policymaking, with implications for Sri Lanka and other ‘remittance economies’ throughout the Global South. The author contends that temporary labour migration from Sri Lanka is a process of ‘migration-underdevelopment’, in which remittance inflows – ubiquitously considered a key source of capital for developing economies – are reinforcing of uneven development at multiple scales and produce unsustainable development outcomes. Offering a uniquely systematic critique of remittances as a source of developmental capital for countries of origin, such as Sri Lanka, this book will be of interest to academics in the field of development studies, migration studies and Asian studies.



Remittances And Financial Inclusion


Remittances And Financial Inclusion
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Author : Vincent Guermond
language : en
Publisher: Taylor & Francis
Release Date : 2023-10-11

Remittances And Financial Inclusion written by Vincent Guermond and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-11 with Business & Economics categories.


This book comprehensively explores the messy and contested relationship between everyday practices of remittance sending and receiving, processes of market making, and operations of micro- and global finance. Remittances and Financial Inclusion critically investigates a global migration-development agenda that aims to harness remittances for development by incorporating remittance flows and households into global financial circuits. The book develops a multidisciplinary perspective and combines insights from economic, development, and financial geography as well as international political economy and economic anthropology. It sets out a geographies of remittance marketisation approach to investigate the intricate and grounded ways in which remittance markets are constructed, the extent to which remittance flows and households can be (re)configured and incorporated into global finance, and why such processes are always fragile, contested, and in need of constant renegotiation. Drawing on extensive fieldwork research, the book provides an in-depth critical interrogation of the policies and initiatives that underpin remittance marketisation in Senegal, Ghana, and beyond. This volume will be especially useful to those researching and working in the areas of international development, contemporary geographies of finance and market making, and migration and remittances. It should also prove of interest to policymakers, practitioners, and activists concerned with the relation between migration, remittances, and finance in the Global South.



International Remittance Payments And The Global Economy


International Remittance Payments And The Global Economy
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Author : Bharati Basu
language : en
Publisher: Routledge
Release Date : 2014-08-07

International Remittance Payments And The Global Economy written by Bharati Basu and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-07 with Business & Economics categories.


International Remittance Payments are described mainly as money sent by immigrants to their families and friends in their home countries. These payments provide an important source of income that is mostly used to provide for a variety of basic needs of the non-migrating members of immigrant families and thus remittance payments can be considered as a tool to reduce the poverty level of the labor sending countries. However, remittances are also used for asset accumulation by some families and for some countries they constitute a good part of foreign funds coming into the country. In-spite of their increasing volume over the last few decades, a lot of things about remittances are not known and studies estimate that about half of these money transfers are not even recorded. Since these payments are shown to reduce poverty and help economic progress in the remittance receiving countries, a better knowledge about remittances would help the debates surrounding immigration, remittances and their relation to the global economy. This book provides an overview of remittances in different parts of the world over the last thirty years. It looks at the labor sending and labor receiving countries separately. The text examines the trends, uses, motivations behind sending remittances, cost of sending them and how they are affected by the nature and the development level of different institutional factors. The remittance flows are growing over time and they are used mostly for reducing the uncertainty of life in the less developed parts of the world. However, motivation for sending remittances could be improved and thus remittances could be more conducive to economic development if 1) the relation between the remittance decision and the migration decision is better understood and 2) the costs of international money transfers are reduced. More studies about those issues would benefit the international community. Efforts should be made in all fronts to encourage such international flow of funds not only to have a redistribution of income all over the world, but also to synchronize the efforts towards global economic development and a better integration of the world economy. This book is aimed researchers, policy practitioners and post graduates studying International Economics or International Economic Relations or Political Science or Economic Development.



The Political Economy Of Remittances


The Political Economy Of Remittances
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Author : Roy Germano
language : en
Publisher:
Release Date : 2010

The Political Economy Of Remittances written by Roy Germano and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.


Why do international migrants send money home? What are the implications of these monetary flows for developing countries? Long debated by economists and sociologists, these questions have received very little attention in the political science literature. This dissertation argues, however, that remittances--money sent home or "remitted" by international migrants--have significant implications for the study of politics. My main contention is that international migrants assume a more significant welfare burden when their home government's commitment to social insurance provision is in decline. Remittances, in other words, flow to compensate non-emigrating citizens for state retrenchment and the absence of a robust welfare state. I argue that this "transnational safety net" makes remittance recipients (RRs) less vulnerable to economic instability than neighbors who do not receive this money. All else equal, RRs should be more contented with their economic circumstances and have fewer economic grievances with which to politicize. The income-stabilizing and insurance effect of remittances, then, should reduce public pressure on the state, leaving RRs less motivated to mobilize against and punish incumbents for a poor economy when public safety nets are weak. Evidence comes from an original survey of 768 Mexican households, field interviews, and time-series data published by the Bank of Mexico. Statistical tests reveal that Mexicans abroad remit more to families that do not receive social benefits and send roughly $2.5 million more home for every $10 million reduction in spending on social programs by the Mexican government. Analyses furthermore reveal that despite being very poor on average, RRs tend to enjoy higher levels of income stability, are less likely to identify an economic matter as "the most important problem facing Mexico," and make more positive and optimistic assessments of the national economy and their own financial circumstances. In the 2006 Mexican presidential election, I find that RRs were up to 15 percent more likely to stay home on election day at the expense of the primary opposition party and significantly less likely to punish the incumbent party with a vote for either of the major opposition parties if they did vote.



Migrant Remittances And Development In The Global Economy


Migrant Remittances And Development In The Global Economy
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Author : Manuel Orozco
language : en
Publisher: Lynne Rienner Pub
Release Date : 2013

Migrant Remittances And Development In The Global Economy written by Manuel Orozco and has been published by Lynne Rienner Pub this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Political Science categories.


Manuel Orozco moves beyond the numbers to provide a uniquely comprehensive, historically informed overview and analysis of the complex role of migrant remittances in the global economy. How do patterns of migration and remittances differ across regions? What kinds of regulatory and institutional frameworks best support the contributions of remittances to local development? What has been the impact of remittances on migrants and their families? Drawing on empirical data from five continents and firmly grounded in theory, Orozco¿s work reflects the evolution of our understanding about the importance of migrant remittances and the policies that govern them.



Money Flows


Money Flows
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Author : Catherine De Vries
language : en
Publisher: Oxford University Press
Release Date : 2024-05-07

Money Flows written by Catherine De Vries and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-05-07 with Political Science categories.


Remittances, the repatriated earnings of emigrant workers, have risen spectacularly in recent decades. They are a crucial lifeline for the households that receive them and one of the largest sources of capital for developing economies, outstripping both aid and foreign direct investment. Money Flows studies how remittances shape the relationship between remittance recipients and the authorities in migrant-sending countries by providing a comprehensive study of the political effects of remittances on the attitudes of their recipients. It argues that far from being an exclusively economic risk-sharing mechanism between poorer, migrant-sending, and richer, migrant-receiving economies, remittances may compromise rudimentary accountability mechanisms in the developing world. The book leverages survey data from Central-Eastern Europe, the Caucasus, and Central Asia and original focus groups from Kyrgyzstan. It shows how remittances, and fluctuations in their volume, colour recipients' economic evaluations; shape the burden of corruption; and change how recipients interact with, and view their state, ultimately impacting the approval function of the authorities.